Introductory Workshop on Supply Chain Management

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Supply Chain Management Training

COURSE OBJECTIVES

This programme aims to provide delegates with an in-depth appreciation of the current best practice tools and techniques used in the set up and management of the procurement process and supply chain management. Its highly practical content aims to develop the commercial thinking of delegates about how to manage the process for strategic goals and as well as day-to-day tactical needs.

COURSE CONTENTS

Day One

Globalisation
· Changing role of procurement in a globalising world economy
· What is happening to different economic? sectors
· The use of off- shoring and sourcing from Low Cost Countries
· The impact on procurement practice

The procurement cycle
· From need to satisfaction of need
· Role of procurement in the cycle
· How we add value in the cycle

The supply chain concept
· Defining supply chain management
· Designing supply chains
· Supply chain mapping
· Tiering in supply chains
· Seeing supply chains as competing networks

Day Two

Managing the process
· Types of specification
· Conformance or performance specifications?
· The use of international standards
· Specifying capital assets
· Specifying services

Deciding on contract strategy
· Single or dual or multiple sources?
· Long term or short term?
· Turnkey
· Design, build, finance and operate

Supplier research
· Researching for suppliers
· Moving supplier selection from reacting to management
· Types of research tools available – Internet, databases, advertising.
· The use of market research for gaining in-depth information
· Market index tracking
· Financial performance
· Benchmarking clubs, vertical portals as sources of supplier information

Appraising supply
· Models of supplier appraisal
· The use of third party appraisal
· Appraising quality and the importance of ISO 9000
· Financial evaluation
· Supplier appraisal for strategic supplies
· Addressing commitment and company culture when dealing with critical supply items

Day Three

Setting up the relationship
· The business context
· The importance of relationship management in supply chains
· Supply positioning and procurement targeting
· Developing contract strategies – leverage, routine and bottleneck products and sourcing strategies
· Using product / service portfolio analysis to decide on the relationship style
· Analytical tools for assessing internally and externally imposed supply risk

Managing the competition
· Competitive strategy
· Tendering processes
· E-Auctions
· Pre-qualification of tenders and calls for expression of interest
· Supplier short-listing, using weighted criteria for short listing and bid lists
· Bid evaluation; setting and using weighted criteria
· Financial appraisal – using and understanding financial data

The structure the contract
· Developing objectives
· Contractual terms
· Specifications
· Service levels
· Key clauses
· Contract schedules

Day Four

Managing the relationship
· Approaches to managing Long-term supply relationships
· Using tiered relationship management to improve reliability and commitment in the supply chain

Mitigating risk in the supply chain
· Structured relationship management working together to avoid waste – value engineering, value analysis
· Applying the techniques
· Sharing productivity gains with suppliers
· Using the learning curve to reduce total cost

Incentivisation of contracts
· The learning curve
· Sharing the benefits of learning
· Designing incentive based contract formula

Managing volatile cost elements
· Materials
· Precious metals
· Currency fluctuation
· Currency risk
· Price variation clauses

Course duration: 4 Days

Supply Chain Management Training  Inverness, Aberdeen, Glasgow, Edinburgh, Dunfermline and other sites throughout the UK including onsite closed company courses are available.

Supply Chain Management Training in Ghana, Nigeria and Qatar is also available.

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